Topic: Tactics When Market is Falling - page 84. (Read 17190 times)
Best thing is to have patience and courage as this situation is common in crypto world. If you invested well groomed coins then you should not be panic and the best strategy in this scenario is to hold your investment because this is temporary situation and pump up period would also come.
Decentralized systems are vulnerable to sudden and volatile conditions. The state of falling prices is a normal and reasonable condition. The key is patience and calm. If we still play actively in crypto currency then we should be more careful in taking opportunity. Or safer if you are temporarily as a passive player with a hold of the coin then hold it until normal condition and improve. It's a tough decision but you need to be patient much longer. This calm you need to keep you from being affected in a misleading issue. This misleading issue only makes us panic then wrong in making decisions.
From your decision you can see that you are a very smart investor. When the price continues to fall, it will cause the panic of most people. They are very likely to sell their currency. Undoubtedly, they are definitely losing money.
I think the best way is to stay calm and do not panic. You stay on track and save your coins any longer to on hold. The market crashed and you suffer losses if on sale now. And if the coins were detained again I think this will be your assets in the future.
Stay optimistic, calm, wait for the right time, don't make the wrong operation, buy a certain amount of cryptocurrency at a low price, then stay the same, go out to study, wait for the market to recover, sell on the line
Usually when the price of the encryption market falls, I will not sell my cryptocurrency immediately. Because I think I will lose money, I will wait patiently for the market to rise, or I will continue to invest in this falling market.
It is true that you are not the only one who does not need to panic with this price condition because all investors should be patient not to sell tokens, when you have invested as much extra money as you can, taking advantage when market increases is necessary because the price as is often the case in the crypto world
f you see the market to go down,hold most of your cash and wait till it recover.Yes,it could take long time,but it will worth it.
yes, hold and wait until it recover. While some people sold everything and said that crypto coins are worthless I always bought more,
Except that the people did not realize that the potential of great profit in this market is exactly in the strategy of Buy and Hold.
The right tactics will not sell. And at the point of the correction rate to buy 60-70% of the frozen volume.
well I really agree with you stay calm in conditions like this is indeed one of the best way so that we do not lose money more stout because the market is very fluctuating lately
I am bountyhunter and during a slack season I try to earn as much as possible tokens. I think, I will earn in the fall good reward when cryptomarket growth begins.
for me adequate tactics not to panic and not to sell in a minus, and if there are free cash funds then i will to averaged over the perspective coins.
As a newcomer, you can't clearly analyze the direction of this market, then I suggest that you continue to hold your currency when it falls because the market is very volatile and you see it falling today, maybe tomorrow It will rise up.
The best thing is a healthy mind and a cold heart. Do not panic. If you bought coins at a high price and now you see how the exchange rate fell, then it's better to buy another 50 percent from what was purchased earlier.
I think, It depends on how you re trading if you are a long-term trader you tactics should remain the same hold the coin for the long term and wait for the market to get recover and if you have more money then buy more coins when market goes down so it will give you good profit when it again goes up. If you are day trader then you have to decide what you need to do if you think the market will go more down then it's better to get out of that coin and buy it back when it comes more down like this when it will go back up you will get more profit.
I believe that the author correctly made that put stop loss, and you advise long keep coin in drawdown, why? So you can sell to zero on the next climb?
I think, It depends on how you re trading if you are a long-term trader you tactics should remain the same hold the coin for the long term and wait for the market to get recover and if you have more money then buy more coins when market goes down so it will give you good profit when it again goes up. If you are day trader then you have to decide what you need to do if you think the market will go more down then it's better to get out of that coin and buy it back when it comes more down like this when it will go back up you will get more profit.
I don't know if this is really doing good for me in terms of maximizing my profits or I am just too hard headed and stick to my hard balls and just hodl. I seemed to have difficulty cutting paper losses and I seldom used it. But all in all I am still in very big profits with my holdings so far.
my tactic in a market crash is to sell my coins while they are expensive. but when fall will end is cheaper to buy and to wait again for the market growth.
The basic tactic keeps being to buy low and sell high so if market is falling then you have to hold patiently or as long as you manage to, on the meanwhile you can try to participate on bounty campaigns and airdrops in order to get more profits and to build your portfolio is that is your thing.
When you notice or there is a disturbing news of the perceived market crash, the first thing you do is take profits if you're in profits or cut your loss if you're in a loss. Then wait back to keep buying into the market again at each dip and keep averaging down your buy positions. Don't go all in at once take your buy orders bit by bit.
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